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The entire contents of this blog are meant for pure reading pleasure. Nothing on this blog should ever be taken as advice to trade under any circumstances. By entering and reading this blog, you have agreed that I am not in anyway responsible for your trading outcomes.

I am NOT A PROFESSIONAL FINANCIAL ADVISER, and the analysis is just a market novice's opinion.

Friday, August 20, 2010

KeppelLand Outllook




Currently KeppelLand is supported at the 3.85 level (resistance-turned support). Although there appears to be a slight bounce off this price level for the last trading day, if current market sentiments were to bring it below this level, it would likely reach the next support level at 3.60, which is where the 200D MA line and the uptrend line since last year November lies and remains nicely intact, before staging a rebound from there.

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